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Money In Your Pocket 8/21/20

Money In Your Pocket

Posted: Aug 21, 2020 / 07:52 AM EDT / Updated: Aug 21, 2020 / 07:52 AM EDT

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More Money In Your Pocket Stories

Money In Your Pocket: Credit scores by generation 1/15/21

(WSYR-TV) -- If you are wondering how your credit score compares to the average person, you really need to break it out by generation. That's because older generations tend to have better credit scores.

That makes sense. They've had a longer time period to establish credit and the younger people do tend to be a little bit more irresponsible with credit.

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Money In Your Pocket: Non-spouse beneficiary rules 1/14/21

(WSYR-TV) -- If you inherit an IRA from somebody other than your spouse, there are options to keep that money tax-sheltered but the rules have changed.

Before January 1, 2019, if you inherited an IRA from someone that is not your spouse, you could roll it into what is called a beneficiary IRA. You could keep it tax-sheltered but they would make you take a distribution out every year based on your life expectancy.

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Money in Your Pocket: 1/13/21

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